Disney's Flop Doesn't Matter
The following video is from Wednesday's Investor Beat, in which host Chris Hill and Motley Fool analysts Matt Koppenheffer and Matt Argersinger dissect the hardest-hitting investing stories of the day.
Dow component Walt Disney falls today after second-quarter revenue comes in light thanks in no small part to The Lone Ranger, which Disney will write down to the tune of at least $160 million. In our lead story on InvestorBeat, Matt and Matt share why the flop won't hurt Disney in the long run and whether investors should view today's drop as a buying opportunity.
Also, our analysts take a look at four stocks making big moves on Wednesday's market. Bank of America gets a lawsuit from your friendly neighborhood Justice Department. Zillow's revenue rises, but so do its costs. Freddie Mac's second-quarter profit hits the $5 billion mark. And First Solar's profits fall 70%.
Finally, the two Matts each give one stock they'll be paying close attention to in the week to come.
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The article Disney's Flop Doesn't Matter originally appeared on Fool.com.Chris Hill owns shares of Walt Disney. Matt Koppenheffer owns shares of Bank of America. Fool contributor Matthew Argersinger has no position in any stocks mentioned. The Motley Fool recommends and owns shares of Bank of America, Stratasys, Walt Disney, and Zillow. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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